Newington Forest, VA Housing

The housing market in Newington Forest, VA is quite strong with a median home value of $551,500, which is significantly higher than the US House Median Value of $338,100. Despite the strong market, the house appreciation rate in Newington Forest over the past year has only been 4.47%, much lower than the US 1 year House Appreciation of 8.27%. This suggests that while prices are high in Newington Forest, they have not seen a dramatic rise recently.

The median home cost in Newington Forest is $551,500. Home appreciation the last 10 years has been 62.0%. Home Appreciation in Newington Forest is up 11.0%.

Average Age of Homes

- The median age of Newington Forest real estate is 32 years old

The Rental Market in Newington Forest

- Renters make up 15.4% of the Newington Forest population
- 0.3% of houses and apartments in Newington Forest, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newington Forest, Virginia	United States
	4,414.0	139,647,020.0
	37	42
	$551,500	$338,100
	11.0%	16.6%
	37.6%	57.0%
	62.0%	101.1%
	$10.37	$10.98
	$4,833	$2,690
	90.5%	57.4%
	1.9%	11.2%
	7.6%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	0.0%	11.3%
	0.5%	13.0%
	5.3%	20.1%
	32.2%	13.6%
	17.4%	8.3%
	35.0%	9.7%
	7.7%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	7.5%	13.6%
	60.6%	13.2%
	22.5%	14.8%
	7.5%	13.6%
	0.7%	10.0%
	0.0%	4.7%
	0.3%	12.2%

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